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IT
updated 2 months ago

The Magnetto Group Sustainability Profile

Company website

The Magnetto Group, a leading player in the IT industry, is headquartered in the heart of London, with significant operations across Europe and North America. Founded in 2010, the company has rapidly established itself as a trusted provider of innovative technology solutions, specialising in software development, IT consulting, and digital transformation services. With a commitment to excellence, The Magnetto Group offers unique products that leverage cutting-edge technologies, ensuring clients stay ahead in a competitive landscape. Notable achievements include recognition for outstanding customer service and a growing portfolio of successful projects across various sectors. As a forward-thinking organisation, The Magnetto Group continues to shape the future of IT, delivering tailored solutions that drive business success.

DitchCarbon Score

How does The Magnetto Group's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

3

Industry Average

Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

0

Industry Benchmark

The Magnetto Group's score of 3 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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The Magnetto Group's reported carbon emissions

In 2021, The Magnetto Group reported total emissions of approximately 37,433,000 kg CO2e, comprising 36,379,000 kg CO2e from Scope 1 and 1,054,000 kg CO2e from Scope 2 emissions. There is no available data for Scope 3 emissions. The company has not disclosed any specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent organization. The Magnetto Group's climate commitments remain unspecified, indicating a potential area for future development in their sustainability strategy.

How Carbon Intensive is The Magnetto Group's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. The Magnetto Group's primary industry is , which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is The Magnetto Group's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for The Magnetto Group is in IT, which has a low grid carbon intensity relative to other regions.

The Magnetto Group's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

The Magnetto Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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